Godaddy Inc (GDDY)
Return on equity (ROE)
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 936,900 | 1,852,200 | 1,792,400 | 1,729,000 | 1,374,800 | 354,500 | 323,600 | 331,100 | 352,200 | 345,800 | 343,500 | 299,900 | 242,300 | 225,600 | 192,800 | -527,200 | -495,100 | -505,100 | -493,600 | 167,000 |
| Total stockholders’ equity | US$ in thousands | 692,100 | 356,700 | 157,000 | 414,800 | 62,200 | -976,300 | -667,100 | -357,900 | -331,800 | -278,400 | -447,200 | -470,500 | 81,700 | -102,800 | -33,300 | -72,800 | -12,900 | -164,200 | -261,300 | 480,700 |
| ROE | 135.37% | 519.26% | 1,141.66% | 416.83% | 2,210.29% | — | — | — | — | — | — | — | 296.57% | — | — | — | — | — | — | 34.74% |
December 31, 2024 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $936,900K ÷ $692,100K
= 135.37%
The return on equity (ROE) for Godaddy Inc has shown significant fluctuations over the years. In March 2020, the ROE stood at 34.74%, indicating a decent return on shareholders' equity. However, data for the rest of 2020 and the first half of 2021 is not available.
The most notable increase in ROE occurred by the end of December 2021, with a remarkable spike to 296.57%. This surge suggests a substantial improvement in the company's ability to generate profits from shareholders' equity.
Subsequently, in December 2023, the ROE spiked significantly to 2,210.29%, followed by 416.83% in March 2024, 1,141.66% in June 2024, and 519.26% in September 2024. These exceptionally high ROE figures indicate that Godaddy Inc has been able to generate substantial net income relative to shareholders' equity during these periods.
However, by the end of December 2024, there was a decrease in ROE to 135.37%. This drop could be attributed to various factors such as changes in profitability, equity levels, or financial leverage.
Overall, Godaddy Inc has demonstrated significant fluctuations in ROE over the years, reflecting varying levels of profitability and efficiency in utilizing shareholders' equity. Further analysis of the company's financial performance and operations would be necessary to understand the reasons behind these fluctuations and assess the sustainability of such high ROE figures.
Peer comparison
Dec 31, 2024